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Showing posts with label EBRD. Show all posts
Showing posts with label EBRD. Show all posts

Tuesday, October 9, 2012

EBRD should not invest in Polish energy company suspected of corruption, say European NGOs

The European Bank for Reconstruction and Development is considering participating in a EUR 772 million loan for a subsidiary of major Polish energy group ENEA, whose management is currently being investigated by authorities because of alleged irregularities in management and misuse of public funds. More on CEE BankWatch ENEA S.A. is a Global Compact participant since 2011/06/03.

Thursday, April 19, 2012

EBRD probes Slovenia plant contract with Alstom

The European Bank for Reconstruction and Development said it was looking into corruption allegations involving a Slovenian power-plant upgrade contract with France's Alstom.

More on Reuters.

Alstom is a Global Compact participant since 2008/03/18. It is a Member of the Working Group on the 10th Principle. Alstom was also a Gold contributor to the Foundation for the Global Compact in 2011.